D AVID BACH’ S

THE
AUTOMATIC
MILLIONAIRE

PUT YOUR FI NANCI AL
LI FE ON AUTO PI LOT
AND FI NI SH RI CH
YOUR PILOT’S MANUAL
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Table of Contents
The Automatic Millionaire 3
How To Use Your Pilot’s Guide 4
Session One: History Points to Now 5
Are You Living The American Dream? 6
Action Steps For Session One 7
Session Two: The LATTE FACTOR
®
8
Action Steps For Session Two 10
Session Three: Pay Yourself First 13
Action Step For Session Three 15
Session Four: Making Your Financial Life Automatic 16
Action Steps For Session Four 21
Session Five: Building Your Emergency Basket 22
Action Steps For Session Five 25
Session Six: Automatic Debt Free Homeownership 27
Action Steps For Session Six 31
Session Seven: Automatic Debt Free Lifestyle 32
Action Steps for Session Seven 32
Session Eight: Automatic Tithing 39
Action Steps For Session Eight 40
Bonus Session: Getting Your Financial House in Order 42
The Automatic Millionaire 45
Form: The Finish Rich Inventory Planner
TM
47
Form: Where Does The Money Go? 55
Producers: Dan Strutzel, Dave Kuenstle
TM & © 2003. FinishRich, Inc. All rights reserved. If you would like further information about FinishRich, Inc. or other
FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
Your Pilot’s Guide
Welcome to The Automatic Millionaire program. Congratulations on
your decision. You know, a lot of people have looked at The Automatic
Millionaire and said to themselves, “Oh, come on, that can’t possibly
work. How could I become an Automatic Millionaire?” Those people
just walked away. Not you. You did something different. You looked at
the title, The Automatic Millionaire, and you said to yourself, “Why
not me? Why couldn’t I become a millionaire?” You took action. And
that action is about to pay off.
This program will teach you some concepts, some tools, and some ideas that will literally
transform your life. You’re going to transform yourself from someone who wants to be rich into
someone who can be rich.
The Automatic Millionaire is a system that doesn’t require motivation. It won’t require you to
keep the energy going to be rich. It won’t require you to have discipline. It won’t even require
you to have a budget! Traditional wealth building programs tell you that you’ve got to have a
budget, you need to have discipline, you need to be motivated and you need to write out your
goals. The Automatic Millionaire teaches that those things ultimately fail when you’re trying to
be wealthy. The truth is, you’re too busy to spend all day thinking of wealth building. You need
a system that will work while you sleep--a system that is automated.
Are you ready to set up the system that will help you become an Automatic Millionaire?
Then, let’s get started.
Live Rich,
David Bach
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How To Use Your Pilot’s Guide
How can you get the most out of your Pilot’s Guide? By using it in conjunction with the audio
program. For each session, do the following:
1. Preview the section of the Guide that goes with the audio session.
2. Listen to the audio session at least once.
3. Complete the exercises in this Guide
By taking the time to preview the exercises before you listen to each session, you are priming
your subconscious to listen and absorb the material. Then, when you are actually listening to
each session you’ll be able to absorb the information faster—and will see faster results.
The material in this program contains historical performance data. Presentation of performance data does
not imply that similar results will be achieved in the future. Rather, past performances is no indication of
future results and any assertion to the contrary is a federal offense. Any such data is provided merely for
illustrative and discussion purposes; rather than focusing on the time periods used or the results derived,
the reader should focus on the underlying principles.
None of the material presented here is intended to serve as the basis for any financial decision, nor does
any of the information contained within constitute an offer to buy or sell any security. Such an offer is
made only by prospectus, which you should read carefully before investing or sending money.
While all of the stories and anecdotes described in this program are based on true experiences, most of the
names and pseudonyms, and some situations have been changed slightly to protect each individual’s
privacy. The material presented in this program is accurate to the best of the author’s knowledge. However,
performance data changes over time, and laws frequently change as well, and the author’s advice could
change accordingly. Therefore, the reader is encouraged to verify the status of such information before
acting.
The author and the publisher expressly disclaim liability for any losses that may be sustained by the use of
the material in this program. As each individual situation is unique, questions relevant to personal
finances and specific to the individual should be addressed to an appropriate professional to ensure that
the situation has been evaluated carefully and appropriately.
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Session 1: History Points to Now
I N T R O D U C T I O N
What is the American Dream? The American Dream means different things to different people.
For some people the American dream is to have a million dollars. It’s not a coincidence that the
titles of the most popular television shows always have a million dollars in them. Well, the
American Dream is not necessarily a million dollars. The American Dream is having the
freedom to do what you want to do when you want to do it.
The idea behind the American Dream is freedom. But you need to have money to have that
freedom. You can have a really big income and make a whole lot of money and still not have
freedom. Making more money won’t make you rich unless you do something with that money
for yourself.
AR E YO U LI V I N G TH E AM E R I C A N DR E A M?
Circle the appropriate answer:
1) Do you pay yourself first?
And if you do, do you pay yourself first 10% of your gross income? J Yes J No
2) Do you have an emergency basket of cash? J Yes J No
3) Do you know what your Latte Factor
®
is? J Yes J No
4) Do you own your own home? J Yes J No
5) Do you tithe? J Yes J No
6) Is your financial plan automatic? J Yes J No
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Income Alone Does Not Create Wealth
– David Bach
The Automatic Millionaire is not about getting rich overnight. You don’t get rich in days; you
get rich in decades by creating a system that makes it so that you literally can’t fail.
You’re going to learn that there are all kinds of ways to pay your bills automatically so that you
don’t have to write the checks yourself. You’re going to learn that today, with technology, you
can literally, in less than one hour, completely 100% automate every aspect of your financial life
so that if you go on vacation for a month you’ll still be getting rich—automatically!
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Why This System Works
J You Don’t Need a Lot of Money
J You Don’t Have To Change Your Life
J You Don’t Have To Be Good at Math
J You Don’t Need To Have a Budget
J It Doesn’t Require Motivation
J It Doesn’t Require Discipline
AC T I O N ST E P S FO R SE S S I O N ON E
One: Commit to Your Next Session
It could be tomorrow, it could be next week, but you have to make a commitment to yourself.
Write down what day you’re going to listen to this program. Then, immediately put this in your
calendar or whatever scheduling device you use.
Two: The Finish Rich Clarity Question
Over the next year, what one thing would have to happen for you to feel you’ve made great
financial progress?
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Commitment: I will listen to Session Two on ______________________
Signature: ______________________________________________________
MY NUMBER ONE GOAL FOR THE YEAR
Today is ___________
One year later will be: ___________
I have made great financial progress this year by:
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
____________________________________________________________________
Session 2: THE LATTE FACTOR
®
You truly can become an Automatic Millionaire on a few dollars a day. The problem is not how
much we earn; it’s how much we spend. This concept works for all kinds of people; from those
who are making minimum wage to people who are making hundreds of thousands of dollars a
year. The Latte Factor® is an incredibly powerful metaphor that can change your life
The Latte Factor® isn’t about setting a budget. In fact, the point of the Latte Factor is to get you
to throw the budget out by simply changing the way you think about your money.
You have more money than you think—RIGHT NOW.
This is a core concept. Chances are, in your day you have money that is leaking out of your
pocket. This is money you have that could be getting you rich. How does your day compare to
the following?
YOUR HOME
You wake up in the morning. Instead of heading out to Starbucks for your morning coffee, you
brew a pot at home. Quickly scrambling an egg, you can also skip the muffin or Power Bar later
this morning. Getting dressed, you notice that your spouse has washed and ironed your shirts
instead of dry-cleaning them. Great! That’s another couple of dollars saved. Flipping through
the channels of your television, you are proud that you downgraded your service to Basic Cable.
You really weren’t watching movies like Dumb and Dumber for the fourth time anyway. Picking
up the phone to call your sister, you smile remembering that you changed your long distance
carrier and are now only spending 7 cents a minute for long distance. Walking to the
refrigerator you laugh as you remember the look on the salesman’s face when you turned down
the extended warranty on the refrigerator when you bought it last month. You knew you would
never use it. When you said to the salesman, “Why would I be buying this appliance from you if
I thought it would break?” he didn’t know what to say. Opening the door to the fridge, you see
all the food you bought with coupons. You are now getting so good at using double coupons
and store club cards that you are saving 35% every week on your food bills. That translates to
more than $100 a month! Heading out to work, you grab your lunchbox filled with the chicken
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It’s not how much you earn that determines whether or
not you’ll be rich. It’s how much you spend.
– David Bach
pasta salad you prepared last night. Sure beats that fast food burger you used to waste money
on! Turning off the lights, you walk out the door, confident that your home is an efficient,
streamlined money-saver.
YOUR CAR
Getting into your car, you remember the money you saved by buying it used. In fact, you were
able to get a nicer car for less money because you shopped around. You cancelled the road
service part of the policy because you have AAA. That multi-car discount really helped too. You
drive by the gas station where you used to fill your tank, and go to the station next door. These
days you are saving nearly 10 cents a gallon by choosing the gas station right next door. You are
also smart enough to know that most cars today don’t need “premium” gas, and you fill up on
the least expensive gas. You maintain your car, drive the speed limit, and only use your air
conditioning when you really need it. All of these things add up to dollars in the bank.
VA C AT I O N S
Later, driving home from work you begin to anticipate your family vacation next week. In years
past you might have racked up the credit cards with an expensive trip to Las Vegas. This year,
though, you did your homework. You did some research on the Internet and found a great
package vacation that will still get you to Las Vegas, but for 1/3 the cost of the trips you used to
take. And, because you are paying cash, you’ll enjoy yourself all the more knowing that you can
afford the trip.
P E R S O N A L
Arriving back home you change into your exercise clothes. Canceling your gym membership
was a great idea. Now you just go for a power walk with the dog every day and know that you
are saving $35 a month. You’ve given up Gatorade and now drink water. You also quit smoking,
which is saving you a whopping $7 a day. Not to mention you are feeling healthier and so your
co-payments for doctor visits are decreased too. On your walk you start to think of your kids’
birthday party next month. A slumber party, rather than a trip to the local party place, is saving
you hundreds of dollars. You also saved a lot of money last Christmas by paring down your gift
list, and making simple, meaningful gifts for many on your list. That visit to old Aunt Mary was
better than any bouquet of flowers you could have sent. Returning home you see the basket of
aluminum cans that your kids are recycling for money. You are happy that they are learning
how to live reasonably. You may be wealthy, but it’s because you manage your money wisely.
You are proud to teach your kids the same thing.
While this is a bit of an extreme example, you can really see that it is easy to live a perfectly
nice lifestyle while shaving thousands of dollars off your expenses every year! All it takes is
some planning and foresight.
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AC T I O N ST E P S FO R SE S S I O N TW O™
One: The Latte Factor Challenge
Starting tomorrow, from the moment you wake up until you go to sleep, track your expenses for
one day. Print out the form below and bring it with you as you go about your day. Include
everything, from the $1.00 newspaper to the $50 sweater you bought. If you need more room,
print out another tracker.
Then, ask yourself honestly, is there anything that you spent money on that was something you
could cut back on?
THE LATTE FACTOR CHALLENGE™
Spending Tracker
ITEM I SPENT MONEY ON: HOW MUCH I SPENT WASTED MONEY
Add together the money you spent today =
How much money did you waste? =
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As our income goes up, our spending goes up.
J Yes J No
J Yes J No
J Yes J No
J Yes J No
J Yes J No
J Yes J No
J Yes J No
J Yes J No
J Yes J No
Two: Do the Latte Factor Math
List one item from your spending tracker that you can find a less expensive alternative for. The
chart below can give you an idea. Fill in the last row with your own item.
CURRENT ACTIVITY NEW ACTIVITY AMOUNT SAVED
GOING TO THE MOVIES RENTING A VIDEO $5.00
LATTE COFFEE FROM COFFEE SHOP MAKE COFFEE AT HOME $3.50
TAKE SHIRT TO DRY CLEANER IRON AT HOME $3.00
LUNCH AT FAST FOOD RESTAURANT LUNCH FROM HOME $5.00
The amount you filled in the last column “Amount Saved” is your Latte Factor. Take a look at
how quickly this Latte factor can add up!
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You can’t positively think your way to wealth,
You have to positively do your way to wealth.
– David Bach
A Latte a Day = $3.50
A Latte a Day for a Week = $24.50
A Latte a Day for a Month = $105
A Latte a Day for a Decade = $12,782
A LAT T E A DAY KE E P S RE T I R E M E N T AWAY
Now let’s say you were able to get your Latte factor up to $10.00. How quickly can $10 add up?
Do the Latte Factor math!
Now, don’t worry about how to find these interest rates. That will come later. For now, just look
at how quickly small savings can add up.
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$10 a day at 5% = $1 million in 54 years
$10 a day at 10% = $1 million in 34 years
$10 a day at 15% = $1 million in 25 years
$20 a day at 10% = $1 million in 27 years
$20 a day at 15% = $1 million in 21 years
Session 3: PAY YOURSELF FIRST
Chances are you’ve heard of the concept that you should “pay yourself first”. But, do you really
know what it means? Do you know how much you should “pay yourself first”? Where you
should put that money? Even if you know all this, is your plan automatic? This session will
cover these important ideas.
WH O M D O Y O U W O R K F O R?
Why would you wake up in the morning, leave your family, not do what you want to do with
your day, go to work all day long for 8, 9, 10 hours a day, commute back home, get up and do it
all over again? Why would you do this 5 days a week, 4 weeks out of the month, 12 months out
of the year? Why would you do all that to earn money and not pay yourself first?
Most people pay everyone else before themselves: the government, their creditors, and their bill
collectors. Everybody else gets paid first and then if anything’s left over, then they pay
themselves.
That system stinks and is designed for you to fail financially. If that’s the system you’re using
right now, and you don’t have money, that’s why. The odds are set up against you. It’s too tough
for you to get rich if you’re paying everybody else first. You need to change this. You need to
completely redirect your income so the first person who gets paid is you.
What you need to do is pay yourself first automatically. See, if you take the money
automatically out of your paycheck and pay yourself first, then you are living on what’s left over
and you won’t need a budget.
HO W M U C H M O N E Y A R E Y O U PAY I N G Y O U R S E L F?
Let’s say you make $10 an hour. How much money did you earn this week? Let’s say it’s $400
during the week. Of that money, how many dollars did you pay yourself first with?
If you’re not using a retirement account, a pre-taxed retirement account, a 401K plan, a
deductible IRA, or if you’re self employed and are not using a self-employed retirement account,
then you didn’t pay yourself first at all. The average American saves less than 22 minutes a week
of their income. Putting it another way, the average American saves less than 2% of their
income. Now again, why would you work all week long and not have some of the time in your
day go to you?
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The first hour of every day that you work should be going to you.
– David Bach
If you want to be Dead Broke:
Don’t “pay yourself first” anything.
If you want to be Poor:
Spend everything you make, no matter how much money you make.
If you want to be in the Middle Class:
“Pay yourself first” 5 to 10% of your gross income.
If you want to be Upper-Middle Class
“Pay yourself first” 10 to 15% of your gross income.
If you want to be Rich:
“Pay yourself first” 15 to 20% of your gross income.
If you want to be Super Rich super fast:
“Pay yourself first” at least 20% of your gross income
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Six Routes to Wealth
Win It
Marry into It
Inherit It
Sue for It
Budget for It
Pay Yourself First
All fundamental wealth begins by paying yourself first.
Action Step For Session Three
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THE AUTOMATIC MILLIONAIRE PROMISE
I _______________________ (insert your name,) hereby promise myself
that starting this week, I will work at least one hour a day for myself.
I deserve it! Therefore, I promise that I will start paying myself first,
_________ % of my gross income no later than
____________(insert the date).
Signed by __________________
Session 4: MAKING YOUR FINANCIAL LIFE
AUTOMATIC
Making your financial life automatic is one of the core principles of this program. If you miss it,
this program will still help you, but it won’t help you as fast. The government figured out how
to get you to automatically pay them first. Corporate America has figured out how to get you to
automatically pay them first. Why in the world wouldn’t you use the exact same technology that
they’re using to pay yourself first before you pay them? The technology is not difficult to use.
What do you need? You need a phone and a pen.
BU Y YO U R SE C U R E FI N A N C I A L FU T U R E
Your first priority is to pay yourself first for a secure future. Normally the government gets paid
first, right? You earn a dollar and they’ve got the ability to take anywhere from $.15 of that
dollar upwards of $.50 of that dollar. That is called income shrinkage. It’s very hard to get rich
when you have income shrinkage.
Let’s just go to an average American family earning $50,000 a year. If they lose a third of that to
taxes, by the time they get their paychecks they’re now only earning $30,000 a year. It’s tough to
live off of that. That’s why no matter how much money most people make they still feel broke.
There’s only one legal way for you to get out of those taxes. The only legal way for you to get
out of those taxes is to pay yourself first using a pre-tax retirement account.
What’s a pre-tax retirement account? That includes the following.
• A 401K plan
• A 403B plan
• A deductible IRA account
• A SEP IRA account (if you’re self-employed)
• A Keogh account. (also for self-employed)
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The Only Legal Way to Get Out of Taxes is to Pay Yourself First
– David Bach
PR E TA X PAY YO U R S E L F
If you had a $1 bill, and you took that dollar bill and you put it in a pretax retirement account
(the 401K plan at work, the 403B plan or an IRA account) if it earned 10% interest, you’d have
$1.10.
You put in a dollar, it wasn’t taxed, and at the end of the year you’d have $1.10. And because it’s
in a retirement account you won’t owe any taxes on this money until you take it out. So you put
in a dollar, you got $1.10.
$1
AF T E R-TA X PAY YO U R S E L F
Let’s say you earn a dollar. You’re going to pay taxes first. So you’re going to pay your federal
tax and state tax. Let’s say you lose a third of that, $.30. So you paid a dollar, now you’ve got
$.70 in your pocket. Now if you take that $.70 that you have in your pocket and you earn the
same 10% interest, at the end of the year you’ve got $.77.
$1
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Six Reasons To Get A Retirement Plan
One: You don’t pay any tax on the money.
Two: You can put thousands of dollars into the account,
depending on what year it is.
Three: You can arrange to have the money automatically taken out of your
paycheck and automatically put in your retirement account.
Four: In most cases your plan at work is free
Five: You get free money—both in the form of saved taxes and in the form of
matched contributions
Six: The power of compound interest
10% interest $1.10
Pay .30 taxes $.70 left 10% interest $.77
Now let’s take it a step further. Imagine that you had a dollar. You put it in your retirement
account. Your employer matched you just 25%. So they basically gave you a quarter. Now that
money earns 10%. So the $1.25 earns a 10% return. At the end of the year you would have
$1.38.
$1
WH I C H WO U L D YO U RAT H E R HAV E?
GR E AT E S T EX C U S E S WH Y SO M E PE O P L E DO N’T US E TH E I R
RE T I R E M E N T PL A N
My Employer Doesn’t Match
What difference does it make? Again, go back to the example where your employer doesn’t put
any money in. You invest $1.00, you have $1.10 at the end of the year, or you invest $.70 after
tax and you have $.77. We’ve already agreed that $1.10 is better than $.77.
The Investments Are Not Doing Well
First of all if the stock market goes down the chances are that your money that you put inside
your plan is going to go down if you invest in the stock market. But a key thing is that when
you invest in a 401K plan at work you’re given a host of options. You can put your money in a
money market account, you can put your money in bond funds, and you have stock funds. If all
you did was put half of your money into bonds and half of it into an index fund, chances are
you’d do very well over a long period of time. You’d probably earn 6%, 7%, 8%, 9%, because
that’s what things have earned historically.
Once I make the decision there’s nothing I can do about it.
It’s not true. Most companies today will allow you to change how much you contribute to your
plan every 90 days. So once you make a decision, if you’re not happy with how much money
you’re having taken out of your paycheck and you don’t feel like you have enough money at the
end of the month, you can go back and have them change it.
I won’t be able to access my money if I need it.
Most plans today allow you to borrow out of your plan. In most cases you can borrow up to
$50,000 of your money out of your plan. And, provided you pay that plan back, there are no
taxes involved.
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.25 match
$1.38 $1.10 $.77
$1.25 10% interest $1.38
When I take the money out I’m going to have to pay taxes anyway. So I
might as well just pay the tax up front and get it over with.
This is not true either. Here is an example.
Scenario One: The Tax Deferred Account
Imagine that you had $100,000 pile of money and you put it in your 401K plan. You let it grow
at 10% a year. You never added another dollar to the plan. In 30 years at 10% interest you’d
have $1,744,940. That’s the pretax plan where the money grows tax deferred.
Scenario Two: The Taxable Account
Now let’s use a second example. You have $100,000 and you invest that in a taxable account.
How much would you have at the end of 30 years? Well, in this example if you’re in a 35% tax
bracket, the answer is you’d have $661,437 dollars.
Tax Deferred Taxable
So you get to the end of 30 years and in one pocket you’ve got $661,000 and in the other pocket
you’ve got $1,083,503 in additional value. That is a huge difference.
WH AT IS AN IRA AC C O U N T NO T?
An IRA account is not an investment. When you go to a bank or a brokerage firm you don’t buy
an IRA account. A lot of people think when they have an IRA account that they actually own an
investment. You don’t. An IRA account is a holding tank. It’s like a checking account. It puts
your money inside that holding tank. Now you have to invest it in something. What you invest it
in determines how fast it grows. So if you invest it in certificates of deposit and the bank gives
you a fixed rate, say 3% interest, that’s what it’s going to grow at. If you put it in a bond fund
and the bond fund earns 6%, that’s what it’s going to grow at. If you put it in the stock market
you don’t know what it’s going to grow at because some years it will go very high and some
years it might go down. What we hope is over time with a good stock market mutual fund,
you’ll average about 10%
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$1,083,503 $661,437
TH E IN V E S T M E N T PY R A M I D.
The investment pyramid is a model that you can use based on your age that tells you where to
invest your money. So if you’re in your teens to your thirties, you’ll find a breakdown of where
you should put your money, how much money should go into cash, bonds, and mutual funds.
You’ll also find between the age of 30 to 50, 50 to mid 60’s, the 60’s on up, the retirement years,
where you should invest your money. This is a very simple system that you can use.
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If you’re not sure right now what’s in your IRA, go back to your bank or your
brokerage firm and have them meet with you and explain to you what you actually
own so that you can figure out if you’ve got the right investments.
You’ll see when looking at the above picture that the safest investments are at the base of the
pyramid, and as you make your way up the pyramid, the investments take on more risk. You’ll
also notice that the older you are, the more “safe” you want to keep your money. The younger
you are, the more risk you can take. The principle is amazingly simple, and it actually works!
Situation and Goals
Aggressive
Growing net worth
Very long term
outlook
Willing to take
a fair amount
of risk
5%-10% Aggressive Growth
40%-50% Growth
30%-40% Growth &
Income
5%-15% Income
5%-10% Cash
TEENS TO THIRTIES (The Getting Started Years)
Situation and Goals
Ten or more years to
retirement
Building net worth
Willing to take risk
Not needing
investment
income
5%-10% Aggressive Growth
25%-35% Growth
35%-45% Growth &
Income
15%-25%
Income
5%-10% Cash
THIRTIES TO FIFTIES (The Making Money Years)
Situation and Goals
Less than ten years
until retirement
Typically high
income years with
less financial
responsibilities
Willing to take
some risk but
wanting less
volatility
0%-5% Aggressive Growth
15%-25% Growth
30%-40% Growth &
Income
20%-30%
Income
5%-10% Cash
FIFTY TO MIDSIXTIES (Pre-Retirement Years)
Situation and Goals
Enjoying retirement
or very close to
retiring
Protecting net
worth
Preferring
less risk
0%-5% Aggressive Growth
10%-20% Growth
30%-40% Growth &
Income
25%-35%
Income
10%-15% Cash
SIXTIES AND UP (The Retirement Years)
HO W TO AU T O M AT E YO U R FI N A N C I A L LI F E
The easiest way to automate your entire life financially is to use what is called online bill pay.
Now there are three major companies today that do what is called online bill pay.
AC T I O N ST E P S FO R SE S S I O N FO U R
One: Make sure that you are signed up for your plan at work if your
employer offers one.
Two: If you don’t have a plan at work, get an IRA account.
Three: Go visit PayTrust.com or Statusfactory.com or Quicken.com.
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Online Bill Pay Companies
www.paytrust.com.
Statusfactory.com.
Quicken.com.
Commitment:
I will go to a bank, brokerage firm, or go to my employer and
open a pre-tax retirement account by this date:_____________
Signature:________________________________________________
Session 5: BUILDING YOUR EMERGENCY
BASKET
The average American family reportedly has less than one month of expenses in savings. What
would you do if you lost your job, got injured, or were otherwise unable to bring in any money?
You need to have an “emergency basket” of reserve funds that you can easily access in case of
emergency.
HO W M U C H S H O U L D Y O U P U T A S I D E I N T H I S E M E R G E N C Y B A S K E T?
Ideally, you’ll have six months of expenses set aside separate from your checking account in
case of emergency. At a minimum, you should have at least 2% of your income going directly
into your emergency basket of cash. How much you have in this emergency basket is up to you
and your comfort level. Some people are comfortable with one month’s expenses; others need as
much as 24 months.
Once you decide how much you’re going to save, it’s time to make it automatic.
WH E R E S H O U L D Y O U P U T T H E M O N E Y?
Money Market Accounts
Money Market accounts are liquid investments, meaning that when you put your money into
them you can get your money out of them immediately What happens with the Money Market
account is it’s a mutual fund that invests in very short term government securities and bonds
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Three Ways to Save Automatically
Payroll Deduction
Automatic Bank Deduction
Online Bill Payment
Here is a list of companies where you can find out about Money Market accounts. Please note
that neither David Bach nor Nightingale Conant is recommending any particular institution. Do
your own research and make up your own mind as to which is best for you.
E*TRADE ($1000 minimum)
(800) ET BANK1
www.etrade.com
Fidelity Investments ($2500 minimum)
(800) FIDELITY
www.fidelity.com
Merrill Lynch ($2000 minimum)
(877) 653 4732
www.ml.com
Morgan Stanley ($2000 minimum)
(800) 688-6896
www.morganstanley.com
You can also get The Wall Street Journal or USA Today and you will find in the business section a
list of Money Market accounts. You’ll find a list of savings accounts. You’ll even find a list of
certificates of deposit (bank CDs). There you’ll find phone numbers, what the rate is at the
different banks, what the rate is in different money market accounts.
Online, you can go to www.finishrich.com. Go to into the resource center, click on money
market accounts and follow the links.
Another website is www.bankrate.com. They list all the rates all over the country by state and
depending on what you’re looking for: Money Market accounts, savings accounts, and
Certificates of Deposit. You can also look in your local paper. If you pull out your local paper’s
business section, you’ll find a listing of Money Market accounts and Certificates of Deposit. And
they’ll show what the rates are.
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Charles Schwab ($5000 minimum)
(800) 225-8570
www.schwab.com
Edward Jones (No minimum)
1-314-515-2000
www.edwardjones.com
ING DIRECT (No minimum)
1-800-ING-DIRECT
www.ingdirect.com
Vanguard ($3000 minimum)
1-877-662-7747
www.vanguard.com
Certificates of Deposit (CDs)
The bank will give you a guaranteed rate for a specific period of time and they’ll insure that
rate.
Government Bonds
The government has made it easy for you to set up your security account and make it
completely automatic. You can literally go online and in a matter of minutes, with as little as
$50, set up an automatic investment plan with the government. Their website is:
www.treasurydirect.gov.
WH AT T Y P E S O F S AV I N G S B O N D S C A N Y O U G E T F R O M T H E
G O V E R N M E N T?
I-Bond
I-Bond stands for Inflation Bonds. An I-Bond allows you to invest with as little as $25. The
maximum that you can buy right now a year is $30,000. The interest is added monthly. You can
sell your I Bonds after one year. So in other words, you go out, you put $100 in this bond, you
can leave it with the government now for 30 years and they’ll pay you interest.
EE Bonds
These are a lot like the old savings bonds you used to get when you were a kid from your
grandparents. Today they’re calling these bonds Patriot Bonds. They brought the Patriot Bonds
back after 9/11.
Treasury Direct
Go to www.treasurydirect.gov and they can explain to you how to use a checking account to buy
savings bonds. They will automate everything for you in minutes. You can go on to this website
and literally in minutes set up your entire security account and be done with it.
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WH AT I F I H AV E D E B T? HO W M U C H S H O U L D I B E S AV I N G?
Get one month of emergency money in savings. Then you can start focusing on paying down
your debt. Even if you’ve got credit card debt, get a month expenses in your security account.
Don’t stop paying your credit cards but don’t lose sleep over the fact that you’re not paying off
your debt. Get a month of expenses put aside, then start tackling your credit card debt.
TH E SL E E P WE L L AT NI G H T FA C T O R
A key component of what we’re doing today is the “sleep well at night” factor. Now what is that?
It’s really very simple. What keeps you up at night? One thing that keeps people up at night is
worrying about money. It’s really important to completely put that aside. The way you put that
aside, the way you’re able to get a good night’s rest is to have an emergency basket of cash.
Money worries are pervasive, and your emergency basket of cash can be better than any
sleeping aid on the market today.
AC T I O N ST E P S FO R SE S S I O N FI V E
One: Go to www.treasurydirect.gov.
You don’t have to sign up for the plan, just go there and see what’s available. If you don’t have
Internet access, you can use the public library to look up any of the sites mentioned in this
workbook.
Two: Familiarize Yourself with the Newspapers.
Get a USA Today, or The Wall Street Journal, and look where they list the bank CDs and the
Money Market accounts. Make yourself familiar with what is available out there.
Three: Bankrate.com
Go to BankRate.com and also see what’s available on that website.
Four: Commit to Your Emergency Savings
What are your monthly expenses? What is it costing you monthly to live? Give yourself an
estimate on that. Then compare that to how much money you have in emergency savings.
What’s your goal?
Now, you don’t have to get there overnight, but what’s your goal? Do you want 1 month of
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expenses saved? Do you want 3 months of expenses saved? Do you want to go with the David
Bach formula and have 6 months of expenses put aside? Commit to it here.
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THE EMERGENCY SAVINGS COMMITMENT
I _______________________ (insert your name,) hereby promise myself that
starting this week, I will save at least ____% of my income to emergency savings.
I will then have at least $_________ saved no later than ___________(insert date).
Signature:_________________________________________________________________
Session 6: AUTOMATIC DEBT FREE
HOMEOWNERSHIP
The likelihood of your being rich as a renter is virtually zero. Statistically, renters in America do
not become millionaires. The average renter in America has a net worth of less than $4,000.
Homeowners, on the other hand, have an average net worth of $140,000.
One of the first things you should be saving for, one of the most important purchases that you
can make is – not stocks, not mutual funds – buy a home.
People’s homes are actually often their greatest asset and the greatest amount of equity that
they have when they retire. Here are six reasons why homes make great investments.
One: It’s forced savings. When you buy a home, you’re forced to pay that mortgage. You will
figure out a way to pay for it. Most people find out that over time the greatest form of financial
security they have is the equity that they’ve built up in their home.
Two: The second thing is leverage. The power of real estate is truly about the power of
leverage. You’re using a little bit of money to get a lot more assets.
Three: The third reason homes make great investments, is that you’re using OPM, or other
people’s money. You’re not using your own money, you’re not going out and buying a home and
saying, okay, the home costs $250,000, here is a check for $250,000. Even if you had $250,000
you probably wouldn’t go write a check right now, you’d have the bank give you a loan. So
you’re using the bank’s money to purchase the home. And again, as that home goes up in value
when you turn around and sell it, you’ll be paying back the bank their money. You used their
money to get into the job of investing.
Four: The tax breaks. The government has made it very easy for Americans to buy a home by
making the interest on your mortgage tax deductible. Now the interest on your mortgage is tax
deductible on the first million dollars of money that you borrow. This is why homeowners can,
in many cases, afford to pay more for a monthly mortgage than they can afford for rent because
by the time they get their tax deduction, it equals out to be the same or in many cases it
becomes cheaper to become a homeowner than it is to be a renter.
Five: The pride of ownership. When you own a home there’s just a different feeling that
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You’re the greatest tenant in the world
comes from owning that home versus renting. It’s that pride of ownership. It’s knowing that you
now have a piece of the American dream home.
Six: Real estate has proven to be a great investment. The National Association of Realtors
states that since 1968 when they first started keeping national records of real estate, real estate
investments as a whole have had an annualized return of 6.3%.
HO W MU C H MO N E Y DO I NE E D F O R A DO W N PAY M E N T?
It depends. There are loans that are available from lenders and from the government that can
enable a first time homebuyer to finance their home with 95%, 97%, even 100% of the purchase
price. The single biggest mistake people make who are renting is they assume they need a really
large down payment. And in many cases it’s just not true. You may be able to afford to buy a
home right now with almost no down payment. Here are some places you should check out to
find assistance and information about home financing.
HUD US Department of Housing and Urban Development
www.hud.gov
(202) 708-1112
FHA Federal Housing Administration
(same as HUD)
NCSHA National Council of State Housing Finance Agencies.
www.ncsha.org
202-624-7710
Fannie Mae Federal National Mortgage Association
www.fanniemae.com
800-832-2345
HO W M U C H H O M E C A N Y O U A F F O R D?
The FHA recommends that people can afford to spend 29% of their gross income on housing
expenses--and as much as 41% if they have no debt. Even though the FHA looks at gross
income, it’s better to look at your net (after tax) income.
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Here are a few of the different types of loan products that exist.
30-Year Mortgage
The 30-year mortgage is the one most people use. It locks in your interest rate for 30 years. It’s
ultra conservative. The nice thing about 30-year mortgage is that you know exactly what you’ve
got for the next 30 years. You’re locking in your rate. And it’s affordable because you’re paying it
over 30 years. The downside, however, is that with a 30-year mortgage you’re paying for it over
30 years. So it’s actually very expensive in the long term.
15-Year Mortgage
With a 15-year mortgage you’ve locked the rate for 15 years so you’re guaranteed at that rate.
The payments are higher because obviously you’re paying your home off in 15 years. Now
what’s happened with rates dropping from 8% to below 6% is that some people who have been
aggressive have actually refinanced, their mortgage payment has stayed the same, but they’ve
gone from a 30-year mortgage to 15 years.
Short Term Adjustable Rate Mortgage
Short-term adjustable rate mortgages are called ARMS. There are 3-year ARMS, 5-year ARMS,
and 7-year ARMS. These mortgages lock a rate for a specific period of time. So you may do a 5-
year ARM. Your rate, which is a lower rate than a 15- or a 30-year mortgage, is locked in and
you’ll get that rate for 5 years. At the end of 5 years the rate adjusts based on interest rates.
LIBOR Loans
There are called monthly flexible mortgages. They’re typically called LIBOR loans. They adjust
to the London Index of Bonds. These mortgages have the lowest possible rate. As rates move up,
though, those interest rates adjust monthly. This means your mortgage payment could change
every month as well.
Again, let’s go back to the American Dream. When you don’t have debt and overhead, you don’t
have to work and make money! You know, you need money for food but you don’t need money
for the bank. The faster you’re debt free, the faster you get your time back.
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No more than a third of your net income should be going to housing costs.
TH E SE C R E T O F DE B T FR E E HO M E O W N E R S H I P? BI-W E E K LY
PAY M E N T S
What does bi-weekly mean? Here is a very simple example. Say you spend $2,000 a month right
now on your mortgage. If you took your mortgage, instead of paying for it once a month like
everybody does, you spent $1,000 on your mortgage every two weeks you know what would
happen? You’d take a 30-year mortgage and you’d pay it off, depending on the interest rate, in
less than 22 years!
HO W DO I GE T A BI- WE E K LY MO RT G A G E PL A N?
There are a couple of ways to do this. One, you can go back to the bank who has your mortgage
and you can ask them if they have a bi-weekly mortgage plan? In other words, can you take the
mortgage that you’ve currently got, your 30-year mortgage and can you pay them every two
weeks? The answer probably is yes. There will be a cost to do it, however. You’ve got to ask
them what the cost is. The typical cost to set up these plans right now is running a couple
hundred dollars up front and then anywhere from $4–$7 a month. Most banks today are
outsourcing this process. There is a company called Paymap. You can go to www.paymap.com
yourself, and not go to your bank. They have created what is called Equity Accelerator®. It’s
called an Equity Accelerator® because it’s helping you pay off your home early and build equity
in your home. They are the company that is handling this process for most mortgage companies
today. In fact, you may find that your mortgage company actually refers you to Paymap to do
this. When you call Paymap, tell them “David Bach” recommended you.
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Benefits of a Bi-Weekly Mortgage Plan
• It saves you thousands of dollars on your interest payments.
• It’s a forced way to save additional dollars.
• It makes your cash flow easier because you’re now paying for
your mortgage when you get paid.
• It’s automated (no late mortgage payments)
• It cuts years off your mortgage.
AC T I O N ST E P S FO R SE S S I O N SI X
One: Get the Free Report from Fannie Mae
Whether you own a home or not, I would call 1-800-688-4663 and get this free report from
Fannie Mae. It is called Opening The Door To A Home Of Your Own, Choosing A Mortgage,
Knowing Your Credit, and Borrowing Basics.”
Two: Go to eloan.com and bankrate.com and Look at the Mortgages
Check out what you can afford based on your situation right now. They’ve got a great website,
great calculators, you’ll find the mortgage calculator for Bank Rate on their website.
Three: Go to PayMap
If you own a home, go to www.paymap.com and investigate a bi-weekly mortgage payment.
Four: Make a Commitment
If you don’t own a home, decide today, when are you going to buy your first home?
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THE HOME PURCHASE COMMITMENT
I _______________________ (insert your name,) hereby promise myself that I will
buy a home no later than ____________(insert the date).
Signature:_________________________________________________________________
Session 7: AUTOMATIC DEBT FREE
LIFESTYLE
We’re going to talk about today the automatic debt free lifestyle. Now this is going to be a
unique session because for some of you, as you listen to this program I know you’re in credit
card debt. How do I know that? The average American family right now has reportedly over
$8,400 in credit card debt.
How much money should you “pay yourself first” if you’ve got credit card debt? Whatever
amount of money you decide that you’re going to save to pay yourself first, if you have credit
card debt, whatever that percentage is, half of it, should go into your retirement account for the
future. That’s paying for the future. The other half should go into paying for your past, that’s
your debt.
To make it simpler, let’s use dollar amounts. Let’s say you’re saving $200 a month. $100 would
go in your 401K plan or your IRA account, and the remaining $100 would go to pay down your
debt.
Now earlier we talked about your security account. What do you do you do about that? If you’ve
got debt we want you to build your security account, remember, up to one month of expenses,
then pay down the debt as fast as possible.
AC T I O N ST E P S F O R SE S S I O N SE V E N
Operation No More Debt
There are seven steps to getting out of debt. They are:
1. Stop using credit cards
2. Renegotiate the interest on your debt
3. Consolidate your debt
4. Find out your credit score
5. Stop the credit card applications from coming to you
6. Consider debt counseling
7. Make it automatic!
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Credit Card Debt Holds Us Down
Step one: Stop digging yourself deeper into the debt hole.
If you’ve got credit card debt you need to take those credit cards and honestly, you need to cut
them up, you need to bury them in your backyard, or you need to put them in a bowl of water
in your freezer. Whatever works for you, you’ve got to make it easy to not use them.
“I don’t need to cut them up! I just won’t use them anymore,” you say.
Would you:
• Go on a diet but keep chocolate cake in your refrigerator?
• Kick a drug habit but leave a marijuana cigarette on your nightstand?
• Quit drinking but hold a rum and coke at a party?
• Stop smoking but carry a pack of cigarettes in your pocket?
No you would not. Not if you were serious about changing your life. You are serious about
getting out of debt and building wealth, so you have to take some serious action.
Don’t be depressed about it. Make it a ceremony! Have a retirement party for your credit cards.
Gather your family together and share your vision for the future. Tell stories of the dumbest
things you ever bought with a credit card. Get out the scissors and start snipping! Celebrate the
fact that you are no longer at the mercy of the credit companies. You are taking back your
power!
Step two. Renegotiate the interest rate on your debt.
This one idea might just pay for this audio program in the first month. Pull your credit cards
out of your wallet, line them all up and figure out what interest rate you are paying on each and
every credit card. You can look at your statement, or you can call the credit card company and
find out the interest rate. Ask them, “What is the interest rate that you’re charging me? I want
to know the effective rate.” Make sure they’re quoting you the real rate. A lot of times they quote
you the rate over prime. If prime’s at 4% they quote you 6% over prime, you’re actually at 10%.
You need to know the effective rate.
On average you are probably paying over 17% right now on your credit card debt. It could be
different. But the key thing is that what you’re paying is probably twice as much as you should
be paying.
Go to www.bankrate.com, click into the area that shows credit cards. You’ll see what the going
offers are right now on new credit cards.
After you find out the going rate, call your credit card company back. Ask to speak to the
supervisor. Don’t try and negotiate your credit card interest rate with the first person you call.
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The supervisor will get on the phone and you will say to them this, “You are charging me 17%
interest rate. Your competitor today mailed me an application.” Look at the competitor who’s
offering it. You went and you did the research, give them the name. Say, whoever it is,
“MasterCard has offered me a credit card at no percent interest. In order for me to continue to
work with you, Visa, you need to lower my interest rate right now while I’m on the phone. I
want you to lower my rate to below 6%.” Now, you don’t have to throw out there what you want
them to lower it to. You may let them offer you something. You might be wondering, will they
really lower my interest rate just by asking? The answer is almost always yes. Because number
one, they know that you can move your credit card back to somebody else and they don’t want
to lose you. It’s extremely expensive to acquire a customer. It costs them in many cases well over
$100 per customer to get you. That’s why the credit card industry is forced to send over 1 billion
pieces of mail a year to solicit people for credit cards. So they don’t want to lose you. If you’ve
been paying your bills you’ve got a really good chance of getting your interest rate lowered. And
if they won’t lower your interest rate, you’ve already done the research, you can move your
credit card debt to another company that will give you the lower rate.
SCAM ALERT! Not all credit card offers are the same. Let’s say that your 0% interest for six
months, at the end of six months some of these credit cards state that if you
haven’t paid it all off, you’ll be charged the interest rate for the first six months.
You’ve got to really read the fine print before you transfer your debt.
Step Three: Consolidate Your Debt
Here’s another secret. When you renegotiate your interest rate you can also often get your credit
card company to consolidate all of your debt. Let’s say you have $2,000 on Visa, you have
$1,000 on MasterCard and you have $500 on some other credit card company. Well, you’re
talking to Visa. You say, “You’re charging me 17% interest. I’ll move over all my credit card debt
to you, I’ve got $3,000 in additional credit card debt with all these other credit card companies,
I’ll move it all over to you if you’ll give me a rate for six months of 6%.”
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It’s Your Interest Rate That Is Causing Your Debt To Get Bigger and Bigger
WH Y CO N S O L I D AT E YO U R DE B T?
• First, you’re only getting one bill.
• Second, you can often get the rate even lower by consolidating all your debt.
• Third, it’s the power of focus.
The DOLP System™
The acronym DOLP stands for “Dead On Last Payment”. Now this is a very simple idea that if
you’re not going to consolidate your debt you’ve got to have an attack plan for which credit
cards you pay off and in which order you pay them off.
Below is a worksheet for you to fill out that will help you decide which credit card to pay off first.
First, get all your credit card statements and calculate their DOLP numbers. To do this, take the
current balance on the credit card (the total amount you owe) and divide it by the minimum
monthly payment. Don’t worry about which card has the highest or lowest interest rate. The
result is your DOLP number for that card.
Once you’ve figured out your DOLP number for each card, rank them in reverse order. That is,
the account with the lowest DOLP number is first; the second-lowest number is second and so
on. Use the following chart to fill in your DOLP rankings.
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Now, whenever you can afford to make a larger than minimum payment on a credit card, you’ll
put that toward the card listed as DOLP card number one. Use your Latte Factor to come up
with this extra money. Continue doing this until you’ve DOLPed your way to debt freedom!
Account
Outstanding
Balance
Monthly
Minimum
Payment
DOLF Number
(Outstanding
Balance ÷ Minimum
Monthly Payment)
DOLF Ranking
(Lowest DOLF
number is ranked #1)
Step Four: Find out what your credit score is.
www.myfico.com is the website to use. A company called Fair Isaac runs Myfico.com. What
Fair Isaac has been doing for years is keeping track of our credit records. They take the three
major credit card companies, Equifax, Experian and Trans Union Corporation, they pull your
record, they look at your debt, and they see how fast you pay your debt off or if you pay your
debt late. They take a look at your overall debt structure versus your income. They’ve got all
kinds of systems in place to score your credit record. When you go to buy a home or get a home
loan or even apply often for a credit card what they do, these companies, is they go and look at
your FICO score. And FICO has the score based on you. It is like your financial GPA. For $38.95
online you can get your report instantly in minutes. Now this is a very important thing to see
because not only does it give you your score, but also because it consolidates all of your
information you’re able in a matter of minutes with one little report to see everything you’ve
ever done financially. It’s a little bit scary; it’s like getting your financial transcripts. They’ll have
every credit card account you ever opened. They’ll have every single time you ever made a late
payment. Everything that is known about you will be on this report. And the report tells you
why your score is what it is, and it tells you what you can do conceivably to get your score up.
So it’s very helpful.
Step Five: Stop all those credit card applications from filling up your
mailbox.
There’s a website called www.stopjunk.com. You can also call the national opt-out center, which
is 1-888-567-8688. Another thing, when you get a call at home, it’s from a credit card company
and you don’t want them calling you, you just tell them, “Take me off your call list. Put me on
the do not call list.” Legally they have to stop calling you
Step Six: Consider debt counseling.
How do you know when you need debt counseling? Usually, you think you need debt
counseling, you need debt counseling. If you’re having a hard time making the minimum
payments on your credit cards you’ve got a problem. You can go to the Consumer Credit
Counseling Services. They are the largest organization in the country.
Consumer Credit Counseling Service
www.cccsintl.org
1-800-873-2227
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Myvesta
www.myvesta.com
(800) myvesta
Step Seven: Make it automatic
The last step of this session is to make it automatic! To avoid late fees, you want to make sure
you’re paying your credit card companies early. Don’t go to the last day. Figure out what day
your credit cards are due and set your bank up or your online bill pay company to
automatically pay your credit cards at least five days before the credit is due. That way you
know you won’t get hit with these late fees.
By the way, if you get hit with late fees, again it comes down to negotiations. Pick up the phone,
call your credit card company, tell them you’re furious that you always pay your credit cards on
time and can’t believe they’ve penalized you with this late fee and that you want the late fee
credited back. If they won’t credit you back, tell them you’re going to move your credit card
debt. You will find that they will credit you back in almost all cases.
Buying a Car versus Leasing a Car
If you are out of debt, should you pay cash for your cars? It really depends. Cars are the worst
investment that you could ever buy. If you buy a brand new car, the moment you drive it off the
lot it’s gone down in value at least 30%. Let’s say you buy a $30,000 car and you drive it off the
lot, you turn around the corner, you bring it back, they’re going to give you $20,000 for that car.
That is not a good investment.
When you go to buy a car, if you can get somebody else to let you borrow money to buy that
car, which is a depreciating asset, and give you a super low rate of interest, then do it!
The smartest thing you can do, however, if you’re going to buy a car is to buy a car that’s at
least 2 years old. There’s a huge movement in America to lease cars rather than buying them;
and a lot of those cars have 2-year leases. After the two years, these cars come back to the
dealership, they’re almost brand new, and they don’t even have a lot of miles on them. But you
can buy that car for half the price of buying a new car. That’s a really smart thing to do.
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Leasing might be a smart thing …
if you’re in business, and
if you can write off your lease, and
if you drive less than 10,000 miles a year
then you need to talk to your CPA about leasing
A lease does not work if you’re putting a lot of miles on your car because most leasing
companies, once you’ve driven the car more than 10,000 miles, start hitting you with penalty
fees upwards of $.05 a mile. If you drive a lot of miles there is no way a lease is going to work.
Then you need to buy the car. When you buy the car be sure and look at buying a car that’s at
least 2 years old.
THE AUTOMATIC MILLIONAIRE

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David’s Bonus Gift
As a bonus to you go to www. FinishRich.com, you’ll find
an entire chapter about credit card debt that you can
download for free. It comes from the bestselling
workbook called the Finish Rich Workbook. There’s a
whole chapter that you can actually download for free, as
a gift to you. Enjoy.
Session 8: AUTOMATIC TITHING
“We make a living by what we earn. We make a life by what we give.”
– Winston Churchill
The idea behind this last session of The Automatic Millionaire is this: make a difference with
automatic tithing.
What is tithing? The key behind tithing is the idea that a piece of what you sow you give back.
In other words, as your income comes in you give some of your income back to the world to
help it. That can be your church, your temple, your community, whatever your source of
spiritual inspiration. You’re helping people in need.
What is the common denominator behind billionaires? Most people who became billionaires
started tithing at a very young age before they became rich. So before they became rich, before
they had financial abundance in their life, these people gave money at a very young age.
Most people get to the end of the year and they look at what they’ve got left over and then they
give. They give because of tax deductions, they give because it’s the holidays, and they give
because somebody asked, but they give after the fact. In other words, they get to the end of the
year, they see what’s left over and then they give to charity.
A better way to give is by making it automatic. You decide what percentage of your income you
want to give. It could be 1% of your income it could be 10%, but you choose a charity or an
organization and you make the process of giving money to that organization automated.
How much should you give? Not more than you can give while still saving. There are many
people who are giving 10% to their church or synagogue and saving nothing. That’s a challenge
because then you’re giving everything away and you have no financial security.
The importance of tithing is the spiritual abundance it’s going to provide you. But it’s also
important for you to have financial security. When you have financial security you’ll learn how
to become more abundant because you’ll have more freedom and you’ll have more time. When
you have more time, one of the things you learn how to do is focus on things other than
yourself. While you probably already are focusing on things other than yourself, financial
freedom gives you even more time to do that. When you think about tithing--even before you
become rich--you’re putting yourself in a proactive place every month. Every time you get paid
you think to yourself, “Whom do I want to help now?”
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There are a lot of people who are rich but who don’t feel rich inside.
AC T I O N ST E P S FO R SE S S I O N EI G H T
One: Commit to Tithe.
Just like you decided to pay yourself first and you chose a percentage or a dollar amount, just
like you decided to do your security basket and you chose a dollar amount, you want to do the
same thing with tithing.
Two: Make it Automatic.
Many charities will allow you to automatically deduct your donation monthly through your
checking account or credit card. Just make sure that if you are putting it on a credit card, it is
one that must be paid off each month.
Three: Do Some Research.
Make sure before you give the money to a charity that you do some research. There are so many
charities today that you want to make sure that your money is going to the cause you believe in.
A good rule of thumb is that the charity that you’re giving your donation to provides 65% or
more of your donation to the actual cause. The question to always ask a charity before you give
money to them is, “What percentage of the money is actually going to the organization and how
much is for administration?” Ask them to give you written documentation. If they won’t, don’t
work with that organization. Find a charity that will.
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TITHING COMMITMENT FORM
I _______________________ (insert your name,) hereby promise myself that
starting this week, I will tithe at least ____% of my income to the source(s) of
my spiritual inspiration. ____________(insert the date).
Signature:_________________________________________________________________
Four: Keep Records
You need to keep track of who you’re giving money to because you can get a deduction on your
taxes when you give money to charity.
Five: Find Out About Donor Advised Mutual Funds.
It does require $10,000 to invest in these mutual funds. Here’s how it works. In essence, a
charitable donor advised mutual fund allows you to put your money inside this mutual fund
and you’ll get an instant taxable donation. The money’s diversified, it’s managed professionally,
and then later when you’re ready to put the money into charity, you contact the mutual fund
company and they move the money from the mutual fund to the charitable organization.
Six: Share the Idea of Tithing with Someone You Love.
The power of tithing is the power of community. If everyone were giving 1% of their income
back to society, back to the community, we would live in a totally different world. Not just a
world that’s wealthy, but also a world that’s rich inside.
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Internet Resources
www.tithing.org
www.give.org
www.guidestar.org
www.irs.gov
www.fidelity.com
www.schwab.com
http://www.programforgiving.org/ (T Rowe Price)
Bonus Session: GETTING YOUR FINANCIAL
HOUSE IN ORDER
Do you have a messy financial house? Most people don’t have their finances well organized. We
don’t have nice file folders color-coded and put in one file drawer where we can find all of our
financial documents. Instead, most people have a “shopping bag” approach. We put all our
papers in a shopping bag, or we’re putting everything in one big file box and at the end of the
year we’ve got to try and find our documents. This leads to a lot of stress.
This session explains a system called the FinishRich File Folder System. Imagine how great it
would be if you had one file drawer in your house where everything in your life that’s related to
your finances could be found in 60 seconds. What’s beautiful about this is it doesn’t take a
computer software program. All you need is a file drawer and some file folders and a pen. That’s
as much technology as you need.
David Bach’s
The FinishRich File Folder System™
There are 13 file folders to create.
• File Number One: Tax returns.
Keep 7 years of tax returns in that file folder
• File Number Two: Retirement accounts.
Anything related to retirement goes in here. This includes 401K
statements, IRA statements, bank IRA accounts, anything related
to your retirement accounts.
• File Number Three: Social Security.
By now you should have received your Social Security benefit
statement. This file is where you should be putting your benefit
statements. If you haven’t received one you need to call Social
Security and have them mail it to you. Make sure you check your
Social Security benefit statements because you only have a
limited amount of time that you can go back and fix a mistake.
You should look at this every single year.
• File Number Four: Investment Accounts,
Anything related to investments goes in this file folder.
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• File Number Five: Checking Accounts/ Savings Statements.
This is where your bank accounts go. Again, put everything in
here.
• File Number Six: Household Accounts.
This includes your house title, your home improvements, and
your house mortgage. It’s very important that you keep track of
everything, have a separate file folder for each category. For
example, this is where you keep paperwork for home
improvements. Any time you’re spending money on your home,
this is where you’ll put the receipts. This is very important
because the cost basis of your home is increased based on how
much money you spend fixing it up. When it comes time to sell
your home, having all those receipts are very important from a
tax standpoint.
• File Number Seven: Credit Card Debt.
This is really important. Consider getting a red file folder or
using red ink. Get a file folder for each credit card so that you’ve
got a separate file folder for each statement. If you have a lot of
debt you need to be watching this closely, paying attention to this
and obviously shrinking your debt by going through the session
that we’ve done on debt reduction.
• File Number Eight: All Other Liabilities.
Now, this could be anything. You may have loaned somebody
some money. Anything that you can you can think of where you
may owe somebody money; that can go in this file folder.
• File Number Nine: Insurance
In this folder goes your home insurance, your disability
insurance, your car insurance, your jewelry insurance, your
health insurance; everything that’s related to insurance goes in
this file folder.
• File Number Ten: Your Family Will or Trust.
Put a folder in here anyway, even if it’s empty, because it will
remind you that you need to go and get a will done.
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• File Number Eleven: Your Children’s Accounts.
If you don’t have any children accounts you can skip this one. If
you have children you should put everything pertaining to your
children that you would want somebody else to know about if
anything happened to you in this file folder. You can also put the
investment accounts or college savings accounts in this file
folder.
• File Number Twelve: The Finish Rich Inventory Planner.
This is a form and system to organize your net worth. You can
put everything down on paper, where all your money goes, and
your net worth statement. You want to fill this out every year and
update it. The Inventory begins on page 47.
• File Number Thirteen: “Where Does The Money Go?”
This is a form that you can use to fill out exactly where all your
money goes. Every year you should update this as well.
The “Where Does The Money Go?” form begins on page 55.
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THE AUTOMATIC MILLIONAIRE™
A NOTE FROM DAVID BACH
Well, we’ve come to the end of the program. I’ve had so much fun being here
with you. And I really have enjoyed this. I hope you’ve enjoyed it, too. I want
to share with you a story. It’s a personal story about my grandmother. It’s a
story I don’t tell to a lot of people but I want to share it with you because it
really kind of ties all of this together.
My Grandma Rose Bach passed away in 1997, right before my first book, Smart Women Finish
Rich came out. But she didn’t pass away suddenly. What happened to my grandmother was that
she had a stroke. My grandmother Bach really was my mentor. She was very much my first
coach. And the week before she passed away I got to spend time with her in the hospital. She
was very proud of the fact that I was writing that book because I was talking about her.
As my grandmother was lying in the hospital bed sick, I didn’t know she was going to pass away
but there was a feeling in the air that this could be her deathbed. I remember my Grandmother
pulling me aside, reaching to me. She couldn’t talk very well, but she was able to say the
following to me. “David, in my life I’ve had very few regrets. You know, I’ve lived a great life, a
totally full life. I had a great marriage to your grandfather, Jack, I raised a wonderful son, your
father Marty, and I got to be close to my grandchildren. I lived a really full and meaningful life.
When your grandfather passed away I could have given up but I didn’t. The last 17 years of my
life I’ve been down in Leisure World. I’ve made lots of new friends.”
But she said, “If I have any regrets it’s this, and I want you to listen carefully.” She said, “In my
life I can count on one hand the opportunities that came my way where I really reached a fork
in the road. I was going down a path and I could see the fork. On the left side was a very safe
approach to life. I could go down that path and I could see the outcome, and I knew how things
would turn out. It wasn’t guaranteed but I could tell that if I went down that path the chances
are things would be pretty good.”
“On the right side of the road was more risk. I knew if I went down that road I’d have to take a
chance. But I could also see on the right side of the road there was more opportunity, there was
greater gold, but it was risky. A handful of times in my life that I can remember like it was
yesterday, I always went left. Inside of me was a little girl saying, ‘Rose, go right. Take the risk.’
But there was also a big girl inside of me saying, ‘Rose, you can’t afford to take the risk. Go left.
Go the safe route. You can’t afford to do something new. Go the safe way.’ In every case, that
handful of times, I let the big girl take over for the little girl inside of me and I went left. I went
the safe route.”
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4 5
“I’ll never know what would have happened if I had let that little girl inside of me come out to
play. And I had taken more risk.”
“David, that big girl is inside each and every one of us. You’ve got a little boy inside of you who
wants to come out and play and you’ve got a big boy inside of you who’s holding the little boy
back. Let your little boy come out and play.” She said, “If I can give you one gift before I die it
would be this, take more risk with your life. Then you’ll never regret wondering what could be.”
I get chills as I think about that. We’ve all got that little girl or little boy inside of us that wants
to come out and play. And we’ve got that big girl or big boy inside of us that holds us back. The
person that got you to buy this program, the Automatic Millionaire, and got you to listen to this
program day after day, that’s your little boy or your little girl that wants you to come out and
play. Let’s face it; there are a lot of big girls and big boys out there, not just inside of us, but also
in our society. You’ve got parents to tell you why things won’t work. You’ve got coworkers to tell
you why things won’t work, and you might have a spouse telling you why things won’t work.
You’ve got these big boy, big girl pressures trying to keep the little boy or little girl inside of you
from coming out to play. Don’t let it happen.
This is your chance. This is your turn. I’ve given you some incredible tools that you can use.
Take my grandmother’s advice on her deathbed and let your little girl or little boy come out and
play. And as you go on that journey we call life, and you let her out or you let him out, and you
go out and you play in the world and you take some more risk, I want you to know that my
thoughts and prayers are with you.
And I hope as this journey through life continues, there will be a chance where we get to meet
face-to-face, where you come up to me at a seminar and say, “David, I went through your
program and here’s what happened. I hope I get to meet you again.” Send me an email and let
me know how you do
Here is my special e-mail for people from Nightingale-Conant. You can e-mail me at
nightingale@finishrich.com. Put in the subject line “Nightingale-Conant, the Automatic
Millionaire”, I’ll know it’s coming from you. Also visit my website at www.finishrich.com, and
make sure to sign up for a special FinishRich Newsletter (a $199 value, that is yours free.)
God bless you, enjoy your journey, live and finish rich.
David Bach
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Your Name __________________________________ Date of Birth ________________ Age _________
Nickname _______________________________________________________________________________
Spouse’s Name_______________________________ Date of Birth ________________ Age _________
Nickname _______________________________________________________________________________
Mailing Address__________________________________________________________________________
City _________________________________________ State __________ Zip Code __________________
Home Phone#________________________________
Your Work Phone# ___________________________ Spouse’s Work# ____________________________
Your Fax# ___________________________________ Spouse’s Fax# ______________________________
Your E-Mail _________________________________ Spouse’s E-Mail ___________________________
Your SS# ____________________________________ Spouse’s SS# ______________________________
Your Employer ______________________________ Spouse’s Employer _________________________
Job Title ____________________________________ Spouse’s Job Title __________________________
Are you retired? Yes J Date Retired ________________________________________________
No J Planned Retirement Date _____________________________________
Is your spouse retired? Yes J Date Retired ________________________________________________
No J Planned Retirement Date_____________________________________
Marital Status: J Single J Married J Divorced J Separated J Widowed
CH I L D R E N
Name Phone # Date of Birth SS#
1) __________________________ _______________ _________________________ _________________
2) __________________________ _______________ _________________________ _________________
3) __________________________ _______________ _________________________ _________________
4) __________________________ _______________ _________________________ _________________
5) __________________________ _______________ _________________________ _________________
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The Finish Rich Inventory Planner
TM
ST E P ON E: FA M I LY IN F O R M AT I O N.
TM & © 2003. FinishRich, Inc. All rights reserved. If you would like further information about FinishRich, Inc. or other
FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
DE P E N D E N T S
Do you have any family members who are financially dependent upon you or could be in the
future? (i.e., parents, grandparents, adult children, etc.) Yes J No J
Name Age Relationship
1) __________________________ _______________ ___________________________________________
2) __________________________ _______________ ___________________________________________
3) __________________________ _______________ ___________________________________________
4) __________________________ _______________ ___________________________________________
5) __________________________ _______________ ___________________________________________
ST E P TW O: PE R S O N A L IN V E S T M E N T S
(DO NOT INCLUDE RETIREMENT ACCOUNTS HERE)
CA S H RE S E RV E S
List amount in Banks, Savings & Loans, and Credit Unions
Name of Bank Institution Account Type Current Balance Interest Rate
Example: Bank of America Checking $10,000 2%
1) __________________________ _______________ _________________________ _________________
2) __________________________ _______________ _________________________ _________________
3) __________________________ _______________ _________________________ _________________
4) __________________________ _______________ _________________________ _________________
5) __________________________ _______________ _________________________ _________________
Total Cash Reserves________________________
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TM & © 2003. FinishRich, Inc. All rights reserved. If you would like further information about FinishRich, Inc. or other
FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
FI X E D IN C O M E
Fixed Income Investments Dollar Amount Current % Maturity Date
(Example: CD, Treasury Bills, Notes, Bonds, Tax-Free Bonds, Series EE Savings Bonds)
1) __________________________ _______________ _________________________ _________________
2) __________________________ _______________ _________________________ _________________
3) __________________________ _______________ _________________________ _________________
4) __________________________ _______________ _________________________ _________________
5) __________________________ _______________ _________________________ _________________
Total Fixed Income ________________________
ST O C K S
Name of Company # Shares Purchase Approximate Date
Price Market Value Purchased
1) ______________________ ______________ ________________ ____________________ _________
2) ______________________ ______________ ________________ ____________________ _________
3) ______________________ ______________ ________________ ____________________ _________
4) ______________________ ______________ ________________ ____________________ _________
5) ______________________ ______________ ________________ ____________________ _________
Total Stocks _______________________________
Do you have stock certificates in a security deposit box? Yes J No J
MU T U A L FU N D S A N D/O R BR O K E R A G E AC C O U N T S
Name of Brokerage Firm/ # Shares Cost Approximate Date
Mutual Fund Basis Market Value Purchased
1) ______________________ ______________ ________________ ____________________ _________
2) ______________________ ______________ ________________ ____________________ _________
3) ______________________ ______________ ________________ ____________________ _________
4) ______________________ ______________ ________________ ____________________ _________
5) ______________________ ______________ ________________ ____________________ _________
Total Mutual Funds and/or Brokerage Accounts ______________________________
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FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
AN N U I T I E S
Company Annuitant/ Interest Approximate Date
Owner Rate Market Value Purchased
1) ______________________ ______________ ________________ ____________________ _________
2) ______________________ ______________ ________________ ____________________ _________
3) ______________________ ______________ ________________ ____________________ _________
Total Annuities $___________________________
PE R S O N A L LO A N S (Loans made by you)
Name Relationship Phone # Total Outstanding When Due?
1) ______________________ ______________ ________________ ___________________ __________
2) ______________________ ______________ ________________ ___________________ __________
3) ______________________ ______________ ________________ ___________________ __________
Total Personal Loans $_____________________
OT H E R AS S E T S (e.g. Business Ownership, etc.)
Approximate Market Value
1.) __________________________________________ $__________________________________________
2.) __________________________________________ $__________________________________________
3.) __________________________________________ $__________________________________________
Total Other Assets $ _______________________
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FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
ST E P TH R E E: RE T I R E M E N T AC C O U N T S
EM P L O Y E R- SP O N S O R E D RE T I R E M E N T PL A N S
Are you participating in an Employer Sponsored Retirement Plan?
(These include Ta x - D e f e rred Retirement Plans such as 401(k) Plans, 403(b) Plans and 457 Plans)
Yes J No J
Name of Company Type of Plan Approximate % You Contribute
Where Your Money Is Value
You
1) __________________________ _______________ _________________________ _________________
2) __________________________ _______________ _________________________ _________________
3) __________________________ _______________ _________________________ _________________
Spouse
1) __________________________ _______________ _________________________ _________________
2) __________________________ _______________ _________________________ _________________
3) __________________________ _______________ _________________________ _________________
Do you have money sitting in a company plan you no longer work for?
Yes J No J Balance ______________ When did you leave the company? _____________________
Spouse
Yes J No J Balance ______________ When did he/she leave the company?___________________
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FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
SE L F- DI R E C T E D RE T I R E M E N T PL A N S
Are you participating in a retirement plan?
(These include IRAs. Roth IRAs, SEP-IRAs, SAR-SEP IRAs and SIMPLE PLANS) Yes J No J
Name of Company Type of Plan Approximate
Where Your Money Is Value
You
1) ______________________________ ___________________________ ____________________________
2) ______________________________ ___________________________ ____________________________
3) ______________________________ ___________________________ ____________________________
4) ______________________________ ___________________________ ____________________________
5) ______________________________ ___________________________ ____________________________
Spouse
1) ______________________________ ___________________________ ____________________________
2) ______________________________ ___________________________ ____________________________
3) ______________________________ ___________________________ ____________________________
4) ______________________________ ___________________________ ____________________________
5) ______________________________ ___________________________ ____________________________
Total Retirement Accounts $ _______________
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FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
ST E P FO U R: RE A L ES TAT E
Do you rent or own your own home? Yes J No J
Own ______ Monthly Mortgage is _____________
Rent ______ Monthly Rent is _________________
Approximate value of
primary home $ _______________________
- Mortgage Balance $ _______________________
___________________________________________
= Equity in Home $ _______________________
Length of Loan ______________________________
Interest Rate of Loan _________________________ Is loan fixed or variable?____________________
_________________________________________________________________________________________
Do you own a second home? Yes J No J
Approximate value of
second home $_______________________
- Mortgage Balance $ _______________________
___________________________________________
= Equity in Home $ _______________________
Length of Loan ______________________________
Interest Rate of Loan _________________________ Is loan fixed or variable?____________________
_________________________________________________________________________________________
Any other real estate owned? Yes J No J
Approximate value $ _______________________
- Mortgage Balance $ _______________________
___________________________________________
= Equity in Home $ _______________________
Length of Loan ______________________________
Interest Rate of Loan _________________________ Is loan fixed or variable?____________________
Total Equity in Real Estate $_______________
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FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
ST E P FI V E: ES TAT E PL A N N I N G
Do you have a will or living trust in place? Yes J No J
Date it was last reviewed? ____________________
Who helped you create it? Attorney’s name _________________________________________________
Address _________________________________________________________________________________
Phone Number ______________________________ Fax _______________________________________
Is your home held in the trust or is it held in joint or community property?___________________
RI S K MA N A G E M E N T/ IN S U R A N C E
Do you have a protection plan in place for your family? Yes J No J
Life Insurance Type of Insurance Death Cash Annual
Company (Whole Life, Term, etc.) Benefit Value Premium
1) ______________________ ___________________ ________________ _______________ __________
2) ______________________ ___________________ ________________ _______________ __________
3) ______________________ ___________________ ________________ _______________ __________
TA X PL A N N I N G
Do you have your taxes professionally prepared? Yes J No J
Name of Accountant/CPA _________________________________________________________________
Address _________________________________________________________________________________
Phone Number ______________________________
What was your last year’s taxable income?______
Estimated tax bracket? ________________________%
THE AUTOMATIC MILLIONAIRE

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THE AUTOMATIC MILLIONAIRE

5 5
Where Does Your Money Really Go?
First, determine how much you earn.
Wages, salary, tips, commissions, self-employment income $____________
Dividends from stocks, bonds, mutual funds, savings accounts, CDs, etc. $____________
Income from rental property $____________
Income from trust accounts (usually death benefits from an estate) $____________
Alimony, child support, widow’s benefits $____________
Social Security benefits $____________
Other income $____________
TOTAL MONTHLY INCOME $____________
Second, determine what you spend monthly.
TAXES
Federal income taxes $____________
State income taxes $____________
FICA (Social Security Taxes) $____________
Property Taxes $____________
TOTAL TAXES $____________
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FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
THE AUTOMATIC MILLIONAIRE

5 6
HOUSING
Mortgage payment or rent on primary residence $____________
Mortgage payment on rental or income property $____________
Utilities $____________
Homeowner’s or renter’s insurance $____________
Repairs or home maintenance $____________
Cleaning service $____________
Television cable $____________
Home phone $____________
Landscaping and pool service $____________
Monthly internet service $____________
Condo or association dues $____________
TOTAL HOUSING $____________
AUTO
Car loan or lease $____________
Gas $____________
Car insurance $____________
Car phone $____________
Repairs or service $____________
Parking $____________
Bridge tolls $____________
TOTAL AUTO $____________
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FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
THE AUTOMATIC MILLIONAIRE

5 7
INSURANCE
Life insurance $____________
Disability insurance $____________
Long-term care insurance $____________
Liability insurance (umbrella policy) $____________
TOTAL INSURANCE $____________
FOOD
Groceries $____________
Food outside of home $____________
TOTAL FOOD $____________
PERSONAL CARE
Clothing $____________
Cleaning/dry cleaning $____________
Cosmetics $____________
Health club dues and/or personal trainer $____________
Entertainment $____________
Country club dues $____________
Association memberships $____________
Vacations $____________
Hobbies $____________
Education $____________
Magazines $____________
Gifts $____________
TOTAL PERSONAL CARE $____________
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THE AUTOMATIC MILLIONAIRE

5 8
MEDICAL
Health care insurance $____________
Dental insurance $____________
Prescription and monthly medicines $____________
Chiropractic/therapist/etc. $____________
Doctor or dentist expenses (copayments) $____________
TOTAL MEDICAL $____________
CHILDREN
Child support $____________
Babysitter/child care $____________
School tuition $____________
School activities (sports, drama, art, band, etc.) $____________
Clothing $____________
Tutoring $____________
College funding $____________
TOTAL CHILDREN $____________
MISCELLANEOUS
Credit-card expenses $____________
Loan payments $____________
Anything you can think of that I missed! $____________
TOTAL MISCELLANEOUS $____________
TM & © 2003. FinishRich, Inc. All rights reserved. If you would like further information about FinishRich, Inc. or other
FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
THE AUTOMATIC MILLIONAIRE

5 9
TOTAL MONTHLY EXPENSES $____________
Murphy’s Law Factor
Take the total expenses and increase by 10 percent $____________
TOTAL MONTHLY INCOME (from page 47)
Minus total monthly expenses (after Murphy’s Law) $____________
NET CASH FLOW (available for savings or investments) $____________
TM & © 2003. FinishRich, Inc. All rights reserved. If you would like further information about FinishRich, Inc. or other
FinishRich services or products please visit www.finishrich.com or e-mail info@finishrich.com.
Finishing Rich Is As Easy as
1-2-3-4!
at finishrich.com
Step 1Head to our website at www.finishrich.com.
There you can join our FinishRich Community by registering
for my powerful FREE FinishRich Newsletter. Each month I’ll
send you my thoughts on the economy as well as useful ideas
to help you succeed both personally and financially. Many of
my students and readers tell me that the newsletter is the “gift
that keeps on giving.”
Step2Attend a Finish Rich Seminar in your area. Each month
courses based on my books are taught throughout North
America and 95% of them are FREE. When you attend you’ll
also receive a FREE workbook to help you.
Step 3Download the FREE Unleash The Automatic Millionaire
Within audio. As our special gift for reading The Automatic
Millionaire I’ve created this highly motivational audio designed
to get you to follow through on what you’ve learned in this
program.
Step 4Call me and ask a question! I’m now hosting a weekly radio
show called The David Bach Show. At www.finishrich.com,
you’ll find the toll free number to call and ask a question live
on the air (as well as how to find the show in your area).
How To Reach Us
Go to www.finishrich.com or email us directly at success@finishrich.com. My
favorite part of the day is reading my students emails. I love hearing about your
successes and I learn from your suggestions and questions. I promise — if you
send it we will read it!
THE AUTOMATIC MILLIONAIRE

6 2
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